Announcing the Early Access Program & Rewards
We’re now selecting participants for the YIEDLers Club. Participants will receive access to the Alpha and Beta Vaults, boosted APY and an exclusive NFT. Please read the official announcement here.
TL;DR
- DeFi Yields are extremely lucrative once again
- However, it’s impossible to:
- Predict the best strategy
- Keep up with changing APYs and costs
- While avoiding exchange rate losses and exploit-risk.
3. OptyFi Vaults are here to the rescue:
- Automatically switch your assets into the optimal yield strategy matching your risk preference.
4. Sign-up for the Early Access Program, provide us valuable feedback, and earn rewards.
DeFi’s Promise and Pains
You sat through 2017 listening to a few friends boast about their massive profits from Bitcoin. Then in the summer of 2020 your Twitter feed was full of yield farmers showing off their triple-digit APYs on Ethereum. And now the summer of 2021 has been the summer of NFTs and multi-chain DeFi — and the amount of wealth being generated by those who know how to is mind-boggling.
Deciding to get your feet wet in DeFi you provide liquidity to one pool, borrow stablecoin, and deposit the borrowed asset into another protocol. Returns are high, but you realize:
- Multiple networks (Ethereum, Polygon, Avalanche, Solana etc) with hundreds of liquidity pools means there are thousands of possible yield strategies.
- APYs and fees are constantly changing, and it’s impossible to ensure your assets are placed in the optimal strategy.
- The risk of exchange rate loss and exploits (ie. losing everything) is always lurking underneath attractive APYs.
You know that taking more risk does not equate to higher returns, so you ask yourself:
Given my risk tolerance, what would be the optimal strategy, and how am I possibly going to keep myself in the optimal strategy while it is continuously changing!?
Good news — the OptyFi vaults are opening soon!
OptyFi DAO brings strength from an open-sourced community of builders who have all gone down the crypto rabbit hole. A diverse collection of Developers, Machine Learning experts, Quants, Business Developers, Advisors, and more are coming together with a relentless goal to find the optimal strategy for a given risk preference.
As a user, you are now able to apply for participation in the hand-picked Alpha group that will be able to obtain passive exposure to the vaults that builders have created. For any given asset, a vault continuously shifts itself into the optimal yield farming strategy.
OptyFi will monitor the process and obtain as much user feedback as possible while accepted applicants sit back and enjoy the fruit of community driven labor.
Following the Alpha phase, there will be an opportunity for Alpha participants to continue compounding yield and earning rewards in the public Beta phase.
Involvement in these two phases provides a great opportunity for all users to earn rewards but the greatest potential this unlocks is through strengthening OptyFi’s model of community driven wealth generation.
As a user throughout Alpha and Beta you will receive DAO governance tokens and be awarded the power to determine the future of OptyFi.
Contribute, vote, and earn alongside your new friends. Together we can accelerate innovation within an unstoppable wealth-building machine!
